NEW DELHI (Reuters) - India will not scale down its multi-billion dollar food welfare programme that promises ultra-cheap rice and wheat to most of its people, Prime Minister Narendra Modi told lawmakers in parliament on Tuesday. A panel set up by Modi had urged the government in January to lower the number of beneficiaries to 40 percent from 67 percent under the programme, which is estimated to cost the exchequer $20 billion in the fiscal year that begins in April #Arabic#Argentina#Brazil#Entertainment#France#India#Italy#Mexico#opinion

MUMBAI/STOCKHOLM (Reuters) - Truck maker Volvo is looking to sell $250 million worth of shares in Eicher Motors, with an option to increase the sale to up to $300 million, according to a term sheet seen by Reuters on Tuesday. The share sale is happening at an indicative range of between 14,636 and 15,907 rupees per share, according to the document. #Business#China#Entertainment#France#Italy#Latin America#markets#Technology

VATICAN CITY (Reuters) - Pope Francis approved detailed new plans to reform Vatican finances on Tuesday, giving the Australian cardinal leading the changes sweeping powers to monitor Vatican departments and ensure budgets conform to international accounting standards. The statutes had been keenly awaited for signs of how much power would fall to Cardinal George Pell - an outsider Francis brought in to oversee often muddled finances and who, according to Italian media, is viewed sceptically by detractors in the Vatican bureaucracy who feel he has amassed too much power. #cnt#content#cookie#rch#rco#typeof-registered#typeof-social#undefined#values#wcntn#wcnts

WASHINGTON (Reuters) - Israeli Prime Minister Benjamin Netanyahu warned the United States on Tuesday against agreeing to a nuclear deal with Iran and working with a country "deeply rooted in militant Islam", saying Tehran "will always be an enemy of America". "If the deal now being negotiated is accepted by Iran, that deal will not prevent Iran from developing nuclear weapons - it will all but guarantee that Iran will get those nuclear weapons - lots of them," he said. #Argentina#author#Brazil#Entertainment#House#Israel#Latin America#markets#Mexico#Obama#Technology#United States